BGR - Briscoes Valuation

[bull....]

Well said SB. The management is just 1 person Rod the great and he owns how much, 70%?? Also, he did not fire even a single employee during Covid. Profits will flow through as dividends. No debt. Institutions will not be interested in Briscoes and a good stock for us retail investors..

harvey norman has a share holding in briscoes of 2 - 3% and ACC has a holding. small though.

im thinking they could do 20c divs/yr means a healthy 5% yield grossed up to 7% odd

[porkandpuha]

Heard Rod on the radio with HDPA yesterday afternoon saying second half sales had already started red hot and H2 could be one of the best half years on record. Not sure if this is usual language for Rod, but thought it was quite interesting.

https://www.newstalkzb.co.nz/on-demand/week-on-demand/
Tuesday 08/09/20 at 18:00, 7 mins in

[bull....]

Heard Rod on the radio with HDPA yesterday afternoon saying second half sales had already started red hot and H2 could be one of the best half years on record. Not sure if this is usual language for Rod, but thought it was quite interesting.

https://www.newstalkzb.co.nz/on-demand/week-on-demand/
Tuesday 08/09/20 at 18:00, 7 mins in

wow duke sure was excited and upbeat about the second half year being possibly on track for the companies best ever ( caveat he said was covid )

[winner69]

It’s a rare day that Rod gets this excited

Usually only when he’s putting the boot into The Warehouse

[Mr Slothbear]

It’s a rare day that Rod gets this excited

Usually only when he’s putting the boot into The Warehouse

sorry how do you mean Winner?

did he do an interview this morning?

[winner69]

Heard Rod on the radio with HDPA yesterday afternoon saying second half sales had already started red hot and H2 could be one of the best half years on record. Not sure if this is usual language for Rod, but thought it was quite interesting.

https://www.newstalkzb.co.nz/on-demand/week-on-demand/


Tuesday 08/09/20 at 18:00, 7 mins in

Link for mr slothbear

[Mr Slothbear]

Link for mr slothbear

oops sorry my bad. Thanks

https://www.newstalkzb.co.nz/on-air/...oups-rod-duke/

heres the direct clip

listening to it now and WOW have never in my days heard Rod talk like that!

[winner69]

oops sorry my bad. Thanks

https://www.newstalkzb.co.nz/on-air/...oups-rod-duke/

heres the direct clip

listening to it now and WOW have never in my days heard Rod talk like that!

Yep .....so so excited eh

And still probably being a bit conservative.

[bull....]

duke da man

[emearg]

duke da man

Back over four bucks today...is that you Bull?

5% gain in one day is pretty rare for this stock.

And yes, Rod sounding upbeat is unheard of in my almost twenty years of owning Briscoes stock.